Question 45
Manufacturing IndustryIn an economy where the major problem to industrial development is the fear of failure the most important policy to revitalize the industrial sector of such an economy is
- A.large capital in form of loan.
- B.large pool of labour.
- C.development of innovative entrepreneurs.
- D.creation of industrial estates.
Show the answer and explanation
Answer: C (development of innovative entrepreneurs.)
Explanation
Fear of failure is overcome by training bold, innovative entrepreneurs willing to take risks.